REDBANK PLAINS 
2 MIN READThe Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
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Golden BayGolden Bay - SUBURB PROFILE REPORT
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Property investors have seen a 5.26% gain in GOLDEN BAY based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on GOLDEN BAY, 6174 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 20.66%.
Based on its average 5-year and quarterly capital gains GOLDEN BAY, 6174 saw average growth in the long term.
The WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $400,000
Profits averaged 11.11% per annum over a 3-year period, due to an upward trend in home prices in GOLDEN BAY, 6174.
This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
The gross rental yield in GOLDEN BAY, 6174 is 5.2%.
An average of 14.08 real estate transactions take place per month in GOLDEN BAY which translates to 169 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $400,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 5.26% | N/A |
| Median 12 month | 20.66% | N/A |
| Median 3 years | 33.33% | N/A |
| Median 5 years | 8.99% | N/A |
| 10 years average annual | 1.4% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 39.9 days | N/A |
| Gross Rental Yield Percent | 5.2% | N/A |
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